Long Lease to National Tenant – All Outgoings Paid Inc. Land Tax

  • $4,999,000/Contact Agent

Property Description

Stonebridge Property Group is pleased to present for sale Fantastic Furniture, Ravenhall.

– 2,500 sqm* corner landholding surrounded by retail powerhouse tenants including Officeworks, Bunnings Warehouse, Spotlight (coming soon), Petbarn, Hungry Jacks and several other major retailers

– High performing national retailer with 80 stores across Australia, where tenant pays ALL outgoings including land tax

– Recently extended (during COVID) head lease to Fantastic Furniture, highlighting their confidence and commitment in Ravenhall, which continues to grow with the recent addition of Spotlight

– Long term lease returning $432,000 p.a* with fixed 3% annual rental increases, market review in 2028 (current rent is $180 per sqm)

– Corporate guarantee through parent company Greenlit Grands – a global integrated retailer and manufacturer of household goods who also own other major retailers including Freedom, Snooze and OMF

– High profile position to the heavily trafficked Western Highway (26,000* cars passing daily)

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:

Rorey James
0439 400 081

Nic Hage
0448 782 594

Kevin Tong 汤聪瑜
0422 848 818

Property Code: 331

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